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Construction in Progress Accounting What Business Owners Need to Know
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Construction in Progress Accounting What Business Owners Need to Know
Construction-in-Progress Accounting: What Business Owners Need to Know Construction-in-progress (CIP) accounting is the process accountants use to keep track of the costs that relate to fixed-asset construction. Because construction projects necessitate a wide range of costs, CIP accounts keep construction assets separate from the rest of a ...
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